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14 Nov 2022

The law firm has advised a Lithuanian leasing company on the purchase and further lease to a Kazakh airline of two CFM56-3 engines. One engine was purchased from a Florida-based company and the other engine was purchase from a company incorporated in the Hashemite Kingdom of Jordan.

The law firm drafted the necessary sale and purchase and lease transaction documents and advised on all legal aspects of the transactions.

The value of the transaction exceeds USD 2,000,000.

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Highlights

Bank Account Restrictions: What Can Clients Do When Their Funds Remain Frozen?

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When a Compliance Review Becomes a Prolonged Restriction on Access to Funds: Legal Challenges, Financial Consequences and the Limits of Financial Institutions’ Powers

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Unexpected account restrictions, frozen funds, payment blocks and customer offboarding decisions by financial institutions can have serious consequences for both individuals and businesses

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The law firm acted as lead advisor in the multi-jurisdictional transaction involving the Bombardier Global XRS business jet

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Šulija & Partners acted as Lithuanian local counsel in connection with a cross-border aviation ABS refinancing transaction involving two Boeing 737 aircraft

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Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com

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